ASX:BLK

When an Australian company achieves extreme success, there are always plenty of investors doubting the valuation and outlook. Just look at Blackmores, Corporate Travel Management, or Xero. Dean Fergie from Cyan Investment Management says the facts about Afterpay remain;
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Strong investor interest has continued in the junior and mid-cap resources stocks through 2017. Despite a relatively flat first half of the year, the second half has seen a 20-30% increase in the relevant ASX indices on the back of steadily improving metals prices, particularly in the base and battery...
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Despite a flat few months (and some EOFY selling), there continues to be strong investor interest and good value in the junior to mid-cap resources 18 months into the current cycle, particularly for those companies with quality management and projects. Gold is holding its ground at around US$1250/oz, and despite...
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Blackham Resources (ASX:BLK) owns and operates the Western Australian-based Matilda gold project which has been rapidly brought into production over the past 18 months and is expected to produce more than 50,000 ounces of gold in FY17 and be profitable.
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It is that time of year where we reflect on the previous 12 months and look towards the next. For all intents and purposes 2016 has been a bumper year for the juniors and mid-cap resource stocks following five years of pain, with our view being that 2017 again will...
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The Bells Gold Tracker is a periodic update and review of ASX-listed gold equities and the gold market. We run through a current market theme, key company releases from the last week, a gold-producers’ comparison table, a performance “heat-map” and some key price and relative value charts. After updating for...
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Gold stocks are trending up again following last week’s US August job number that came in well below consensus, taking a September rate hike off the table. The All Ords Gold index is up over 9% since then, to be up 89% for year. This index is dominated by Newcrest,...
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Chris Stott, Chief Investment Officer at Wilson Asset Management, thinks the Australian market is fairly priced at its current PE of around 15-16 times - slightly above the long-term average. With rate hikes due in the US opening the possibility of a short-term correction, plus the expectation of further rate...
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We wrote about our top-down gold investment thesis and the companies best placed to benefit in our February 2016 update. As stated previously, gold’s investment case has merit given the unprecedented level of global QE and currency debasement, and we have become increasingly constructive on gold given the return of...
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The current macro economic environment has provided a strong set up for the price of gold - particular for Australian dollar gold. John Deniz, Managing Director at Paragon Funds, says he remains positive on this sector and shares some of the considerations he takes when investing in the space. "With...
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Commodities have been on a wild ride of late. It was only on Friday that iron ore had rallied above $70US/t; overnight another big fall had prices back below $63US/t. Not all commodities are moving in unison, as gold, silver and nickel have all held up well this week. Many...
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Blackham Resources (ASX:BLK) released a positive Definitive Feasibility Study (DFS) for their Matilda Gold project located in Wiluna, Western Australia last week. Below is an interview with Managing Director, Bryan Dixon, to discuss the results. Topics discussed include the mine life extension, the capital and operating costs assumptions, metallurgical recoveries...
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Blackham is on track to become the only new significant gold producer (+100koz) in Australia during 2016. The DFS confirmed the Project's robust economics and minimal initial capital requirement ($32m) for a project of this size and scale. We believe that limited additional capital will be required given the existing...
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